Finance
Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
Property
Construction provisions remain contained despite SkyCity disaster: Fletcher
Fletcher Building says it remains within the construction provisions announced in February 2018 despite the impact of the SkyCity International Conference Centre project fire."Fletcher Building is working to determine the impact of the NZICC fire on the project's delivery timelin...
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Markets
Sharesies adds another tailwind to surging NZX volumes
The entrance of micro-investment platform Sharesies to direct NZX share trading helped more than double volumes on the exchange last month. Share trading had already been on the rise in recent months due to a new pricing regime and rules that encouraged brokers to transact on...
Law & Regulation
RBNZ's warning to general insurers
The governor of the Reserve Bank of New Zealand has warned the wider insurance industry that regulators will be back for them following a damning report into the conduct of life insurers. Speaking at an industry event, Adrian Orr urged general insurers to have a look at themselve...
Primary Sector
Westpac's stressed dairy loans tick up
Some heavily indebted dairy farmers are barely covering their interest payments despite relatively strong prices for several seasons, Westpac NZ chief executive David McLean says."The ones who've got more leverage, most of those are still covering their cost of production but som...
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